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big earnings reports coming in. we're awaiting on hp and aig. the bank that used to be essentially owned by, you, the taxpayers. we'll bring you the numbers as soon as they are released. markets shaken up by the minutes released from the federal reserve yesterday. coming up, we have dick evans, chairman and ceo of cullen frost bankers, member of the advisory banker of the fed, and his bank didn't take a dime of t.a.r.p. money and was able to survive and grow without t.a.r.p. funds. what he says is hurting our economy and what we need to spark more growth. sandra: crocs ceo joining us first on stock business, a pop today, following earnings, find out what the foot ware company is doing to follow up a record setting 20 # 12. david, the shoes still sell like hot cakes. daifd -- david: they came back because of good management. we'll talk about that, but, first, what drove the markets today with the data download. a sea of red on wall street with all three ending lower the second day in a row. s&p in negative territory for the week, on track to snap the longest winning streak in more t
-free. use promo code: gethelp. if you're not completely satisfied, notify lifelock and you won't pay a cent. order now and also get this shredder to keep your documents out of the wrong hands-- a $29 dollar value, free. get protected now. call the number on your screen or go to lifelock.com to try lifelock protection risk free for a full 60 days. use promo code: gethelp. plus get this document shredder free-- but only if you act right now. call the number on your screen now! liz: good afternoon, everybody, iemg liz caman, stocks up across the board, trading near the best levels of the day. take a look. the dow jones industrials up 47 points, that s&p level now at 1529, up nine points,. nasdaq better by 16. the dow is now just about 1% away from its all-time closing high of 14164.53 back to october 9th of 2007. just before the launch week of fox business. it's been awhile. we'll see whether the bulls can turn it up a notch and make it interesting going into the close. in the meantime, though, while the blue chips get the attention, since the dow 30 has named people recognized, we want to poi
out that the guy who ran the agency, it's always connected the on thank you for joining us. that's all we have for "money." "the willis report" is coming up next. gerri: hello, everybody, i am gerri willis. tonight on "the willis report", no urgency in washington as 1 trillion-dollar concussion is just around the corner. and one of the biggest tax in obamacare and it's about to head. thousands of dollars more a year for your health insurance. and gas prices are now up for 32 days straight. there is plenty of supply, but why are prices soaring? "the willis report" is on the case. gerri: we will have all of that and more coming up. first, our top story tonight. more and more likely that across-the-board spending cuts will happen in washington. ten days away from the so-called sequester. our elected officials are working on the problem, actually, they are not, they are taking time off. they left town with no clear idea on how to fix this mess. even president obama, who spent this weekend working on his golf swing with tiger woods, he even managed the next around today. he is on his way ho
, technically i wear one. the u.s. postal service®, no business too small. secretary leon panetta and joint chiefs chairman and did to the senate armed services committee that they talked with president obama exactly once during the terrorist attack on the american consulate, said deadly super winter storm to bring historic snowfall, coastal flooding, while conditions and 3 feet of snow are expected. what is the department of homeland's security doing with all of the ammunition in its buying? another enormous ammunition purchase. agenda paula talk now about one point* 6 billion crowns over the past 10 months alone. we begin with the testimony of outgoing defense secretary panetta and chairman of joint chiefs general the see both bringing the ugly truth to light of the administration's handling of thank on see -- benghazi resulting in the death of chris stevens. lindsay gramm talked with president obama only once on the day of the attack. >> he relied with myself and the generals capabilities. he knows what we deployed and we presented that to him said he knew generally was deployed with as
. the developments overseas tonight. a suicide bomber attack. the u.s. embassy in turkey. killing one, injuring three others. the white house calling it an act of terrorism, the eighth attack on a u.s. embassy since hillary clinton was named secretary of state. coming on this, her less than the job. president obama to they retreated on the obamacare contraception mandate. the department of health and human services announcing that religiously affiliated organizations can opt out of the controversy and mandate, although the rule change applies only to religious nonprofits, prompting private sector entities with religious ties to say, not good enough, mr. president. and some racy super bowl ads starring super model and sports illustrated swimsuit get up. groups calling for higher standards for super bowl ads and their sponsors. we begin tonight with the unemployment rate at 7.9%. the white house looking to a brighter numbers, however, today including upper revisions in jobs created in both november and december, higher consumer spending and rising residential construction. fox news senior white house c
and people of ill repute. >> all too often we see the u.s. is doing that, elevating dictators dollars to the detriment of israel. the human rights council, 40 percent of the resolutions they put up claim that israel ignoring nigeria, sudan. neil: united and look past our differences between us and focus on our common enemy, and ask for that could destroy as. >> which is why i think you respond with this. this is what the u.n. is set up to do and finally they're doing it. i am told there is an asteroid the supposed to hit as april 132036 which gives the u.s. plenty of time to coalesce this global exclusion. neil: you don't have to worry about that. a non-issue for me. allan dodds that one. your final thoughts on whether the u.n. can do at least this right? >> i think a body that empowers home loss, the saddam government , we were just talking about it. it should not be so interested with the security of the united states of america. countries we cannot trust right now, and i would love to be able to, but we cannot. we have to take our own security into account, and i agree this is a le
for joining as. do not forget to record airshow if you cannot catch us live. have a great weekend and a great night. ♪ lou: good evening, everybody. the dow jones industrials tonight above 14,000 for the first time since october of 2007. it just 155 points from its all-time high. the s&p regaining the 1500 level, the labor department today reporting 157,000 jobs were created last month, almost 170,000 people, however, dropped out of the workforce, despite all of that. the national unemployment rate rose one-tenth of a percentage. it now stands at 7.9. eight and a half million people have dropped out of the work force since president obama took office. the developments overseas tonight. a suicide bomber attack. the u.s. embassy in turkey. killing one, injuring three others. the white house calling it an act of terrorism, the eighth attack on a u.s. embassy since hillary clinton was named secretary of state. coming on this, her less than the job. president obama to they retreated on the obamacare contraception mandate. the department of health and human services announcing that religiously af
that contacted us. tom sullivan show, we are open for business 24/7. check out our facebook page. follow me on twitter and all the ways to contacted us are on the web page which is my name tom sullivan. thanks for joining us. make sure and tune into the radio show. we're on fox news talk, seer ios every weekday from putting to 6:00 p.m. we'll have another great show for you on fox business. in the meantime, i hope to hear you on the radio. lou: good evening, everybody. the dow jones industrials tonight above 14,000 for the first time since october of 2007. it just 155 points from its all-time high. the s&p regaining the 1500 level, the labor department today reporting 157,000 jobs were created last month, almost 170,000 people, however, dropped out of the workforce, despite all of that. the national unemployment rate rose one-tenth of a percentage. it now stands at 7.9. eight and a half million people have dropped out of the work force since president obama took office. the developments overseas tonight. a suicide bomber attack. the u.s. embassy in turkey. killing one, injuring three others
with anybody to get this job done. none of us will get 100% of what we want. nobody should want these cuts to go through. the last thing our families can afford right now is pain imposed unnecessarily five bipartisan recklessness here in washington. the american people have worked too hard, too long to see the official cause yet another one. it seems like every three months there is some crisis. we have more work to do and to just try to dig ourselves out of these self inflicted wounds. while a plan to reduce our deficit has to be part of our agenda, we also have to remember deficit reduction alone is not an economic plan. we learned in the 1990s, when bill clinton was president, nothing shrinks the deficit faster than a growing economy that creates middle-class jobs. that should be our driving focus. making america a magnet for good jobs. equipping people with the skills to fill those jobs. making sure that their hard work leads to a decent living. those are the things that we should be pushing people to work on every single day. that is what the american people expect. that is what i am
before the market opens, david. and ask this question, will the gas price spike lead us into another recession. >> if it persists, the answer is yes, if it's quickly, the answer is no. stuart: and another question, do you expect this price spike to persist? >> yes, it's not over. we've got a refining capacity contraction in the u.s., it's not resolved so more higher gasoline is ahead of us. stuart: and david, hold on, i want to see what happens when the opening bell starts to ring and starting right now. i'm expecting the dow to hit 14,000, we've been away for three days and friday afternoon the dow closed at 13,981. the early indicator suggested we go up, 20, maybe 20 points at the opening bell and that would take us to 14,000 so we're off and running again. stocks at a very high level. i've got a question for you. are you in this market, you, the little guy. we've got an expert on that coming up in just a moment from charles schwab and he'll give us the answer and on the high side in the first seconds. today's merger talk, a number of mergers, officemax, office depot reportedly get
said he knew generally was deployed with as specifics to time he left that up to us. lou: he said he was bothered by the lack of security and admitted the state department never ask for any help from the military. >> did you ever get the message they could not sustain an attack on the consulate? >> was tracking that intelligence. >> did you receive that information? >> i did. >> get to the bodies. >> a great deal. >> why were forces in place ready to respond? >> we never received a request to do so. lou: we never received a request to do so. meanwhile the defense secretary could not answer a simple question was in charge trying to save the lives of the men murdered that night. >> simple question the families ask me is it fair to say you were in charge? >> it is not that simple. the people in charge or those on the ground. >> was secretary clinton in charge? >> people in charge were the ambassador. >> they were trying to save their lives. they were not in charge. lou: today's hearing revealing more than the american people want to know about the leadership failures all levels of our g
the president will likely reference coke and apple for their latest plan to move manufacturing back to the u.s., but that is not the whole story. coke recently announced a plan to make the new macintosh and the u.s., but there are a tiny part of apple's business. apple's primary product, the ipad, iphone account for nearly three-quarters of the company's sales and are all made in china at places like fox con. that's not going to change a time soon. because as steve jobs once said denton cook echoed, you cannot find that many americans to hire. i bet there are just a few american engineers out there that would disagree, but they probably aren't looking at being paid $18 per day. mr. president, instead of dividing the ceo of the world's biggest company, what you bring in small business owners who are dealing with her policies the in and day out. while they're there may be to listen to what they have to say you. that's my "2 cents more," and that's it for tonight on "the willis report." thank you for joining us. gerri@foxbusiness.com for complete coverage of the president's state of the union add
clear that there's an alternative which is for us to state the balanced approach presented where we have more strategic cuts on programs we don't need, and we close some tax loopholes that are taking advantage of only by the well-connected and well-off. >> a far more pessimistic tone from boehner's office charging the president has been awol. the spokesman declared sound bites and speeches don't yield results while the conservative group launched a new ad today mocking the apock lippic tone from the president. >> do you want to see a lot of first responders lose their job, teachers laid off, ar traffic controllers, and airport security is a hardship on people, seniors, middle class families cramble to find child care if for the kids. >> he signed it into law. >> every three months around here, there's a crisis. >> they continue the drum beat of gloom and doom with the secretary warning air wait times will be more of a mess. >> flights to cities like new york, chicago, and san fransisco and others could experience delays of up to 90 minutes during peak hours because we have fewer controll
's willis report. thank you for joining us. have a great night. see you back here monday. ♪ all right. that will do it. [applause] john: are you a republican? >> no. john: democrat? >> no. john: students. john: the nation's capital where the students need to be more than 1,000 of them gatherered. now we discussed -- we will also look at the criminal justice system. in coulter will defend republicans. liberty 101 is our show tonight. [applause] ♪ john: i'm in washington d.c. a place that needs a lesson in liberty. i'm excited that tonight i am surrounded by college students, more than a thousand of them will travel here for a students for liberty conference. they came to learn about good government and free. here in washington? [laughter] the conference this year, but in these -- in d.c. we're surrounded by democrats who want to take away my economic freedom and republicans want to take more personal freedom. and glad their is a third party, although it has not got much traction. this year the libertarian presidential candidate got more than a million votes. that, of course, was gary
. all the ways to contact us is the main website which is my name, tomsullivan.com. we are many stations around the country and like i said. you can click the button on my website. it's every weekday from 3:00 to 6:00 p.m. eastern. we'll have another great tv show for you next week on fox lou: good evening, everybody the day can be described as quiet from washington to the middle east, where as two days for market selloffs brought i told you sos from some wall street gurus. today's triple digit rally in the dow was unobserved by those who lost the narrative. as surrogates and private campaign force, organizing for action, worked to upend the second amendment, the president, himself, seems most willing to put a electoral risk, and the democratic senators and they had the elections, and facing constituents on gun control, trying to explain the president's early enthusiasms and why he's silent about it now. the president privately meeting with white house reporters today who took with it, pins, cameras, or anything with which to record the president. it appears ed henry, not only the talker
cases giving the owners 105% of the cost. no, i say that this is an absurd use of taxpayer dollars. and ask why. what do you think? should the government buy homes of sandy victims? here is some of your posting on my facebook page. robber says, no, they just a live in close proximity to mother nature. if they did not have medical insurance, that is on them, not the taxpayer. stan says, they cannot buy any homes in joplin missouri, which also went through a horrible ordeal. we ask the question on gerriwillis.com. 3 percent said yes to 97 percent of you said not. be sure to log onto gerriwillis.com for online question every weekday. finally tonight, you have to hear this, italian jeans company that is a trademark the name jesus, going after a dozen other u.s. clothing companies for selling jesus the and apparel. now, they claim their company has the exclusive rights to the name and other people cannot use it. >> and not getting it. jesus teens is the name of that company. they register the name. back in 2007. here is was some of those genes look-alike. the company uses phrases like d
widespread beef shortage. are the fears overblown? secretary of agriculture tom vilsack joins to us respond. >>> president obama wants $50 billion in fresh stimulus. completely missing out though on $100 billion stimulus already coming, from the private sector. it is an economic boost almost no one has heard about. we'll explain. >>> are rolling blackouts coming to california? officials admit a growing dependence on green energy could cause an electricity crisis. you got to hear it to believe it. we got the details. >>> even when they say it's not, it is always about money. dennis: all right. first let's start with today's market moment. stocks mounting a huge rally today. concerns over europe's debt crisis eased following a strong debt auction in italy. u.s. pending home sales also topping expectation, hitting close to a three-year high. the best day for the major indexes since january 2nd. the dow is now 89 points away from its all-time high. we'll see if the bulls put it up over the top tomorrow. >>> only two more days before we are hit with the dreaded sequester. now the president has u
of identity theft protection risk free. that's right, 60 days risk-free. use promo code: gethelp. if you're not completely satisfied, notify lifelock and you won't pay a cent. order now and also get this shredder to keep your documents out of the wrong hands-- a $29 dollar value, free. get protected now. call the number on your screen or go to lifelock.com to try lifelock protection risk fre for a full 60 da. use promo code: gethelp. plus get this document shredder free-- but only if you act right now. call the number on your screen now! >> i'm sandra smith in for melissa francis. here's what's money tonight. it is a simpson-bowles sequel. they roll out a new plan to slash the deficit. this time with more spending cuts and less tax hikes. it sounds great. but does it have a snowball's chance in congress? today's power panel breaks it down. >>> health insurers get nauseous over medicare advantage cuts. the government may reimburse them less than thought which could bring a crushing blow to seniors and access to care. aetna health's former ceo is here to explain. >>> elizabeth warren takin
of cyber attacks against u.s. companies. dagen: the white house is considering fines and other trade penalties against china. peter barnes has the very latest from washington. peter: the administration is expected to release its own reports. attorney general eric holder will be holding a news conference on this this afternoon. the u.s. is trying to step up efforts to prevent chinese hacking which have hit dozens of u.s. companies. the second report increasing pressure on the administration to take more forcible action against the chinese for what experts say have been years of systematic x-men nosh. these new programs between u.s. intelligence agencies and companies will take time to roll out. connell: peter barnes in washington, d.c. for us. obviously, this is becoming a bigger and bigger story for us. watch this. >> we have also, regularly and repeatedly, raised our concerns at the highest level with the chinese government about cyber theft. including with sr. chinese officials and the military will continue to do that. connell: former navy seal is with us. you have heard the gover
about this cutback? >> it surprises us it is an 8-9 percent cut. part of that is at 2 percent tax on health care programs as a result of obamacare. some of the rest is because medical costs have not grown as much as they expted. taking back some of the money. they're taking away the ability of plans to manage cuts by adjusting benefits. essentially the cuts are going to come out of the btom line. they can't do anything to try to adjust the plans to offset these cuts. gerri: what do you make of it? >> time to squeeze the medicare advantage plans. gerri: that was a program that was put in place by george w. bush. the president has never been a fan. to you. a small business owner. i'm sure you have friends who are on medicare advantage. yesterday we had news that insurers we going to face an additional tax to pay for obamacare. where is this all going to end? >> well, unfortunately at think it's going to end on my back because i will keep paying more fees. my rights to going up in order to help bridge the difference these insurance companies will be getting from the medicare advantag
your e-mails include john telling us that he is baffled about fixing social security. he says pass a law stopping the payroll taxes from going into the general fund. sometimes those guys just every pass. mark says the age for social security needs to be raised. that is the only way to solve it. finally, the lunchbox cops are targeting fried foods. cafeterias will no longer serve 100,000 workers fried chicken, concise, fried fish, and help these workers cope, the usda has hired a full-time dietitian on site. of course, we were paying for it is taxpayers. here is the best part. this whole plan is only for a few buildings. if workers want some french fries, they just have to walk a block to the energy department where the french writers are still bubbling. that is my "two cents more". that is all we have for tonight. we will see you back tomorrow. lou: good evening, everybody. the president today spending political capital by the bucket full. pushing hard for gun control. despite the fact that the murder rate in america has dropped to a 50 year low. he called for more and higher taxes
of china. joining us in just moments. a daring robbery in belgium as thieves struck part of the world diamond trade. belgian police are searching for eight masked gunmen. they forced their way into the brussels international airport and onto the tarmac and stole 190 packages of diamonds and jams on a plane bound for switzerland. they reportedly both rough and polished. it was extremely well-planned. the operation took just over 10 minutes. the thieves wore police uniforms, carrying submachine guns but no shots fired, no one was injured. the robbers were able to make off with at least $50 million worth of jams. a low-end estimate. dto a significant blow to the diamond district whic district s supposed to be one of europe's most secure safe zones, 2000 surveillance cameras and around-the-clock police throughout the area. best to handle diamonds and jams worth $52 billion accounting for 80% of the world's rough diamond trade, half of the trade and other stones and gems. back to politics. we want to give the government props for his, well, props. there you see him and his supporters. the
for tonight's willis report. thank you for joining us. have a great night. see you back here monday. ♪ lou: good evening, everybody the day can be described as quiet from washington to the middle east, where as two days for market selloffs brought i told you sos from some wall street gurus. today's triple digit rally in the dow was unobserved by those who lost the narrative. as surrogates and private campaign force, organizing for action, worked to upend the second amendment, the president, himself, seems most willing to put a electoral risk, and the democratic senators and they had the elections, and facing constituents on gun control, trying to explain the president's early enthusiasms and why he's silent about it now. the president privately meeting with white house reporters today who took with it, pins, cameras, or anything with which to record the president. it appears ed henry, not only the talker at the white house, but the president of the white house association made an impact or perhaps he and want others are simply summits of the president's considerable charm and high success
want to hear that. that's it for tonight on "the willis report." thank you for joining us. have a great night in the see right back here tomorrow. ♪ lou: good evening, everybody. president obama preparing to pivot to job creation in tomorrow state of the union address in which he is expected to call for a renewed focus on jobs. of course, more government spending. we will show you how many times the president has had to pivot. also tonight among the latest on of 150-foot wide asteroid that is expectedto come closer to striking earth than any other on record. the scientists say the * most likely threat is to the hundreds of weather and telecommunications satellites in geostationary orbit some 22,000 miles above the earth. and what a small college with a big idea, a big idea that could create chaos for more than 4,000 colleges and universities in the country if they follow suit. that plan may prove expensive and embarrassing to all those schools. we'll tell you all about it. we begin with the president's fourth state of the union address and his expected calls for more tes, more spendin
for being here. well, that is it for us tonight. coming up next week, the ways and means an intelligence committee member, congressman dennis nunes of california. john silva joins us to talk about his runaway markets, and chris stirewalt will straighten out as much of my political thinking as he can. thank you for joining us over this weekend. we hope you have a wonderful the era of big government is over but it's not. it is getting bigger. what is in store for our future? tonight. [applause] >> my audience and i just watched the state of the union. once again i am freaked out. president says he will not increase the deficit but the government will consume more money and more of my freedom that is what i heard. with someone who respects the dignity of the individual, individual freedom if only ron paul would run for president. he is here. dr. paul why did you run for president? >> that is interesting had a dream that i did and i was doing very well and i won the primary in iowa and a look of the next morning and my name was never mentioned. i guess it was a dream but i thought about it.
sides red gi to let it happen, all hope is not lost. david walker, former u.s. comptroller says there's a possible fix, and he joins us to explain his plan. plus, prepare yourself for a meat shortage. forget soaring prices, the cuts could bring the beef industry to a halt. steak lovers get used to eating tofu. an expert is here to tell us why. close up for the oscars, but commercials, as you and i know them, could take a final bow. a breakthrough in the industry allows advertisers to control what you see in realtime. we could watch the same oscars, but very different commercials. the man behind it will explain how to cash in. even when they say it's not, it's always about "money." ♪ top story's a big one. the payroll tax hike hitting harder than expected. -n monday, we were the first to teld you yesterday how walmart's feeling the pain due to payroll taxes and high gas prices. the payroll tax alone shifts $110 billion out of the hands of consumers and every single working american feels that blow. now, burger king, kraft, dart restaurants, and tyson foods expressing fear by lowering
now to say, how come they people will vote for us? john: thank you. later we will debate drawn attacks. can the president just kill you? my guest says you bet. next we will talk to a congressman who does something unusual. he admits he is a libertarian. [applause] ♪ ♪ [applause] john: we are back. students for liberty conference. >> garrett washington. john: one elected for a second time. justin -- he is unusual because he has a degree in economics and he cares about our coming bankruptcy. for the first term you were on the budget committee. this term the republicans take you off. why? >> i think it might be because i wanted to balance the budget. [laughter] [applause] john: set up the republicans' one of the cuts? >> when you look at our budget over the last few years, when you look at the spending, has grown, even under republicans. john: they say you want to cut. >> but it never seems to happen. john: one republican said to politico, it wasn't because of your politics because of what some people refer to as the -- you would not work well. did not work well with other members. >>
you for joining us on "markets now," and wall street is wonders where is the love? lower despite two major deals. what's pressuring stocks? >> a fascinating look at ceo confidence, pwc's u.s. chairman is standing by. right now, he has his annual ceo survey. it might surprise you. >> calling senate's bluff on spending. lou dobbs weighs in. >> news on the stranded carnal cruise ship. the clock cannot turn fast enough. those poor people. >> i agree. up to speed on the markets, back to the floor, annie coal -- and nicole, another sideways day. >> dow down six points, not far off the unchanged line for all three major averages. the nasdaq and s&p squeeze out gains, the dow slightly to the downside. s&p, as we talked about yesterday, right, broader average, and the dow just has 30. it moves the archings more. one thing the traders talked about from the minute i walked in this morning was europe. you see the euro lower, the dollar is strong on a day where we heard that europe is struggling with growth over in germany, in particular, that's the real big one. france and italy would be in ther
that will cause you 20 years fro now to say, how come they people will vote for us? john: thank you. later we will debate drawn attacks. can the president just kill you? my guest says you bet. next we will talk to a congressman who does something unusual. he admits he is a libertarian. [applause] ♪ ♪ [applause] john: we are back. students for liberty conference. >> garrett washington. john: one elected for a second time. justin -- he is unusual because he has a degree in economics and he cares about our coming bankruptcy. for theirst term you were on the budget committee. this term the republicans take you off. why? >> i think it might be because i wanted to balance the budget. [laughter] [applause] john: set up the republicans' one of the cuts? >> when you look at our budget over the last few years, when you look at the spending, has grown, even under republicans. john: they say you want to cut. >> but it never seems to happen. john: one republican said to politico, it wasn't because of your politics because of what some people refer to as the -- you would not work well. did not work wel
it will happen? >> twenty-one '06, i'm not gone long. of short this one. melissa: can they give us a geographical location? >> twenty atomic bombs, it seems like it would be a big problem for almost everybody. maybe it is a development for a new defense system. can be very star trek. >> alike in bad 1970's film. the nuclear missiles to blow up the asteroid. natalie wood as a matter of fact was in it. melissa: it has already been made. >> sean connery, too. >> it always works. melissa: you guys are wonderful. go take care of the spider problem. that's all the "money" we have for you today. see you back here tomorrow. be sure to check out my interview with former secretary of security. ♪ gerri: hello, everybody. i'm gerri willis. tonight back to basics for president obama, but with his new focus on the economy be any more effective than his last? also, the nearly 3 million americans to get those free cell phones we all pay for are found to be ineligible. i will have the latest on this waste, fraud, and abuse. speaking of waste, solar power is supposed to be a clean energy alternative. a new repor
-year time. all it does tomorrow it says to the president tell us when you'ryourbudget balances. it is important to do that because we have our principled solutions with the program. liz: used a dozen state when the budget would be balanced, is that it? >> we have had to end dollars deficit of the past four years in the past for budgets by this president have never come into balance ever in the 75 year time frame we talk about budgets. the american people need to know that. it is important the president gets mad because then we could talk about the positive solutions and the programs the president believes don't need to be strengthened or saved or reformed or restructured in order to make it so they are able to apply to the american people. liz: under this white house would not be surprised if viewers felt they are stuck in the rerun of a bad movie but they can't get out of and the issue is the president is now about his legacy, positioning himself to be a ronald reagan type performer. he is big hubris, big government spender and the high cost of affordable health care coming in
down day. it is a day too watch. keep it right here. liz: absolutely. thank you so much for joining us. next is "money" with adam shapiro in for melissa. >> i'm adam shapiro in for melissa francis. here's what is "money" tonight. it is eight days until the sequester plows into the u.s. economy. who is really facing the most financial pain? how can you make money from it? today's panel cuts through all the washington noise to get you some answers. >>> plus a breakthrough for health care. thousands of self-serve kiosks come to wal-mart and sam's club stores. can free health screenings prove a game-changer for providing care? the founder and ceo of the company behind them joins us. >>> ditch that fancy trip to the caribbean and come get baked in colorado. call jeff sipc oli. it gets green light from colorado regulators. businesses plan to lure tourists and turn colorado into the next amsterdam. will be a hit or the next buzz kill. even when they say it is not it is always about money adam: good evening to you. just eight days and a few hours until the latest government improsed fiscal dis
especially equities. u.s. stocks a small allocation, a lot of opportunity in the foreign market, especially the can down europe and also markets like russia, greece and even argentina. david: you wrote a book called the iv ip portfolio, one of this mimics what harvard and dl are doing. we're also big and high yield bonds. 20% of your portfolio in high yield bonds. give us examples, don't have too many specifics about where to go. >> with there are a lot of things that investors could emulate or should, the high equity focus, big exposure to real assets, briefly commodities as well as real estate. the other is high yield bonds. they have equity like characteristics, so don't want to necessarily put them in their own category and a lot of the low hanging fruit on high yield bonds has been taken. they had an amazing run the last few years, we still have exposure to both high yield in the u.s. as well as foreign. liz: tell us where you see the money, i know you are a believer in the housing recovery, let's talk about that. >> still believe in the housing sector and homebuilders. even though the
unless the president wants to come to talk to us about meaningful cuts. the house has passed two bills now. this president is basically says no and does not want to talk to us. he needs to come talk to us. otherwise, it will happen and it will be very tough on a lot of different areas. lori: one silver lining in this national small business association, or economic report inspired our conversation this morning. 73% of small business reporting the ability to garner financing. is that enough to rehabilitate to your satisfaction in this industry? >> what we are seeing is a lot of small businesses are not expanding because of their concerns about the economy. it is very good news. when it comes to access to capital. a majority of those businesses will just wait and see what happens. they do not want to put their necks out on the line and get burned by this economy. lori: a pleasure speaking with you this afternoon, congressman. melissa: some big changes coming to your mailbox. saturday mail delivery will and and in all this. packages will continue to be delivered on saturdays. post offices
be saying we will look at a crash again. he joins us now on the phone from thailand. it is a pretty big pullback. >> not really. i think there are two thin areas we have to consider. the market will become really over bold. connell: we could see a crash. >> i think what most investors overlook is on march 6 of this year, we will be four years into the bull market. fifteen months ago, we were at 1074 on the s&p. we are up almost 50% in 15 months. we are very extended already. connell: i want to hear your argument for that. there have been a number of people making the case for stocks being cheap on a relative basis. i want to take you back a little while. you are author of "the doom, gloom report." we have actually gone up, not down. obviously, that surprises you a little bit. >> i am familiar with that theme because i have been through it so many times. the opposite is in march 2009, people could not see why stocks would move up and a year ago, and europe when reese and italy, portugal and spain, people could not see why they would go up. connell: it has, obviously, guy. if you look at
made us look weak to the world is on the matter of time. >> number three days to be eliminated and people freed by any means necessary. >> unapt on the rear of a hippo waiting to be swatted a size. >> number three is a definite threat. i guess so scary it is a threat. liz: we'll be back here tomorrow to see how it all works out. "money" with is melissa is next. melissa: i'm melissa francis. here is what is upon any tonight. millions more will lose employee health insurance than first promised in fact twice as money. courtesy of obamacare. what other surprises did the cbo unearth? you will be as shocked as we were. >>> the u.s. has spent billions to keep egypt on our side. shouldn't wed be buying better friends? the fallout could reshape the middle east and we've got details. >>> the plot thickens for baseball's latest steroid scandal. it is not alex rodriguez link to a miami steroids clinic. more baseball stars are forced to speak out. what is the cost to their endorsements in the league? a former world series champion will give us his take. even when they say it's not it is al
report." thank you for joining us. have a great night. ♪ lou: good evening, everybody. i'm lou dobbs. thank you for being with us. and now just over one week from the obama's cluster taking effect or should i say the unleashing of the sequester. seemingly has his entire administration of full force forecasting horrifying events of the sequester is not stopped, and the president's threat million predicting disaster if the $85 billion in arbitrary spending cuts to is not prevented. we'll respect this president does a man of intellect and immense political acumen, a man of many seasons and parts, but he is also a man of many threats. the president wants to raise more taxes just a weeks after congress agreed to a higher taxes in order to reach agreement if faugh -- he's out pushing the politics of fear, dg his way or disaster. a sequester is a least, the military, he says, will be ready if called upon. the white house says fbi agents will be furloughed along with civilian federal employees. federal prosecutors allegedly will close cases and let criminals run free. air traffic controllers
. go ahead. john: ambassador bolton. no more time left. thank you for joining us and taking these difficult questions. students, thank you for coming here from around the world to learn about liberty. in a few weeks it will do another show with college students, but that's all for this show. see you next week.ve a great ni. ♪ . [applause] icting disaster if the $85 billion in arbitrary spending cuts to is not prevented. we'll respect this president does a man of intellect and immense political acumen, a man of many seasons and parts, but he is also a man of many threats. the president wants to raise more taxes just a weeks after congress agreed to a higher taxes in order to reach agreement if faugh -- he's out pushing the politics of fear, dg his way or disaster. a sequester is a least, the military, he says, will be ready if called upon. the white house says fbi agents will be furloughed along with civilian federal employees. federal prosecutors allegedly will close cases and let criminals run free. air traffic controllers and airport security to be furloughed. thousands
, and after that, the war bailed us out, but this is a fallacy that has been propagated by people in, you know, who write for the "new york times". it's a -- well, it's true. it's ultimately a fallacy, and you're right, you -- if you raise taxes, you are going to cut that -- those people who are bringing prosperity to the economy. >> is this short -- >> it will ultimately work out if the economy can get by with the back to normal payroll tax. this could juice it back around. there's no perfect plan the government can do, but it's possible this payroll tax cut could be lowered in the recession and raisedded in boom times to make up for the cut. lou: good evening, evrybody the day can be described as quiet from washington to the middle east, where as two days for market selloffs brought i told you sos from some wall street gurus. today's triple digit rally in the dow was unobserved by those who lost the narrative. as surrogates and private campaign force, organizing for action, worked to upend the second amendment, the president, himself, seems most willing to put a electoral risk, and the democ
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